TravelNews

[Travel News]: Supersonic jet startup Boom Technology is now a unicorn

TheTourAttraction.com aims to provide the latest global travel and free travel news, travel and visa policies, and flight information. We hope to provide insights into tourism market, technology and development trends with everyone by providing the latest relevant information. Despite the raging COVID-19 epidemic in 2020, we always firmly believe that mankind will overcome the disease and the tourism market will definitely recover. TheTourAttraction.com look forward to your attention and support, and witness the development of the global tourism industry with us. Looking forward to the information TheTourAttraction.com provide can help you. We will continue to follow up and obtain the latest data, and look forward to your attention and support.

The following is the [Travel News]: Supersonic jet startup Boom Technology is now a unicorn from [Bloomberg] recommended by TheTourAttraction.com:

If it can stick to its schedule, it could start a test flights for its first commercial plane by 2026.

Boom Technology Inc., a Colorado-based startup working on a new supersonic aircraft, is raising a $50 million funding round that will bring the company’s valuation to more than $1 billion, according to Chief Executive Officer Blake Scholl.

The investment, led by WRVI Capital’s Michael Marks, brings Boom’s total funding to $210 million, and takes the company one step closer to its objective of broadly accessible high-speed flight.

Don’t make travel plans just yet. The plane is still in the design phase, with a scaled-down prototype scheduled to fly next year. Boom plans to break ground on a factory for full-scaled aircraft in 2022. If it can stick to its schedule, it could start a test flights for its first commercial plane by 2026. All that will require more funding, Scholl said.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button